Oyat warned that commuters are already stranded and fares are rising because no immediate alternatives have been provided. She urged the government to temporarily deploy institutional buses to ease the shortage, especially ahead of schools reopening.
The forthcoming meeting is expected to put Ssegawa and Dr. Lugero’s competing documents under scrutiny as the Lands Ministry seeks to establish the lawful status of the disputed property and determine what, if any, compensation may be due.
Mwesigwa explained that a peaceful transfer of power is the one that will facilitate the restoration of the presidential term limits, asking President Museveni to lead this by example. He added that if someone else takes power from him forcefully, as he did in 1986, his gospel will have no impact.
The directive is in accordance with section 89(1) of the Tier 4 Microfinance Institutions and Money Lenders Act, which states that the maximum interest rate that a money lender shall charge on the principal or the actual sum of money advanced as a loan to a borrower is two point eight percent (2.8%) per month or thirty-three point six percent (33.6) per annum.